Data / Crowdfunding / New York / Black Momma Tea and Cafe, Inc
Black Momma Tea and Cafe, Inc: crowdfunding raise on Wefunder Portal LLC, $50,001 to $1,069,995 (2019)
Black Momma Tea and Cafe, Inc, a corporation in N.Babylon, NY, filed a Form C with the SEC on September 3, 2019 to raise $50,001 to $1,069,995 in common stock through Wefunder Portal LLC. The offering closed on September 30, 2019. In its most recent fiscal year it reported $0 in revenue and a net loss of $275,158, with 3 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.blackmommateacafe.com
- Funding portal
- Wefunder Portal LLC
- Address
- 1488 Deer Park Avenue suite #382, N.Babylon, NY 11703
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 23, 2017
- SEC CIK
- 0001718410
Offering terms
From the offering filed September 3, 2019.
- Security
- Common Stock
- Price
- $8.00
- Target
- $50,001
- Maximum
- $1,069,995
- Deadline
- September 30, 2019
- Portal compensation
- <p>6.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.</p>
Financials
From the Form C-AR filed September 14, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $28,906 | $0 | sec.gov |
| Net income | $-275,158 | $0 | sec.gov |
| Taxes paid | $364 | $0 | sec.gov |
| Total assets | $642,597 | $0 | sec.gov |
| Cash | $215,588 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 14, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| September 3, 2019 | Offering | $50,001 | $1,069,995 | September 30, 2019 | sec.gov | |
| March 6, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| June 7, 2018 | Amendment | $50,000 | $1,070,000 | June 15, 2018 | Included video transcripts, and updated business plan. | sec.gov |
| April 30, 2018 | Amendment | $50,000 | $1,070,000 | June 15, 2018 | Extended deadline date, updated financial condition, and updated business plan. | sec.gov |
| December 6, 2017 | Offering | $50,000 | $1,000,000 | April 30, 2018 | sec.gov |
Updated September 14, 2020. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.